MLM Q2 2023 Earnings — Martin Marietta Materials, Inc. Revenue & Financial Results | Market Cap Arena

MLMMartin Marietta Materials, Inc.

$37B

Q2 2023 Earnings

Basic Materials Construction Materials

Income Statement

Revenue

$1.8B+10.9% YoY

Gross Profit

$560M30.8% margin

Operating Income

$463M25.4% margin

Net Income

$348M19.1% margin

EPS (Diluted)

$5.61

QoQ Revenue Growth

+34.5%

Cash Flow

Operating Cash Flow

$358M

Free Cash Flow

$239M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$15.2B

Total Liabilities

$7.8B

Stockholders' Equity

$7.4B

Cash & Equivalents

$422M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.8B	$1.6B	+10.9%
Gross Profit	$560M	$425M	+31.7%
Operating Income	$463M	$479M	-3.3%
Net Income	$348M	$367M	-5.0%

Revenue Segments

Building Materials Business

$1.7B96%

Magnesia Specialties

$81M4%

Geographic Segments

West Group

$1.0B58%

Southeast Group

$735M42%